Spotify just shattered another milestone—300 million paying subscribers—with 777 million monthly users up 12% YoY, all while hiking prices and expanding into fitness, audiobooks, concert tickets, and more. Revenue jumped 14% to $5.5 billion, fueled by AI-driven features like personalized podcasts, smart note-taking apps, Q&A summaries, fan remixes, and a new conversational AI assistant. But they’re also navigating backlash over AI-generated music, now requiring artist verification and optional AI labels.
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